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The following income statement and selected balance sheet account data are available for Omega, Incorporated, at December 3 1 , 2 0 2 4 :
The following income statement and selected balance sheet account data are available for Omega, Incorporated, at December
:
Additional Information
Dividend revenue is recognized on the cash basis. All other income statement amounts are recognized on the accrual basis.
Operating expenses include depreciation expense of $
Required:
Prepare a partial statement of cash flows for the current year, showing the computation of net cash flows from operating activities by
the indirect method.
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